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Abraham Michelson
About | Practice Areas
The Michelson Law Office
203 North Lasalle Street Suite 2100 Chicago, IL 60601Â» view map
Bankruptcy, Chapter 7, Chapter 13
Chicago Bankruptcy Lawyer

When your finances are at stake, choose the best. Don't sink deeper in debt. Contact The Michelson Law Office

800-824-6431
1. Abraham Michelson Chicago, IL
  Attorney at Law - Illinois, 2013
  Thomas Cooley, JD, 2004
2. AboutAbraham Michelson
  Our legal team can advise you on your options for negotiating a solution.
3. Practice AreasServices
  Find out how an experienced attorney can help end calls and prevent lawsuits.
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Hugh Janow

Business Organization, International, Wills & Probate, Corporate

Status: In Good Standing

CONTACT

One Blue Hill Plaza, Pearl River, NY 10965

Carolyn J. Strassberg

Wills & Probate, Elder Law, Estate Planning, Wills

Status: In Good Standing

CONTACT

One Blue Hill Plaza, Pearl River, NY 10965

Lori J. Perlman

Wills & Probate, Estate Planning, Wills, Trusts

Status: In Good Standing

CONTACT

One Blue Hill Plaza, Pearl River, NY 10965

Michelle H. Frank

Business Organization, Wills & Probate, Estate Planning, Tax

Status: In Good Standing

CONTACT

One Blue Hill Plaza, Pearl River, NY 10965

Robert S. Lewis

Bankruptcy & Debt, Divorce & Family Law, Estate Planning, Real Estate, Criminal

Status: In Good Standing Licensed: 37 Years

FREE CONSULTATION

CONTACT

53 Burd Street, Nyack, NY 10960

Michael C. Giordano

Estate, Criminal, Elder Law

Status: In Good Standing Licensed: 37 Years

CONTACT

572 Route 303, Blauvelt, NY 10913

Thomas O'Connell

Real Estate, Trusts, Civil Rights, Business

Status: In Good Standing

CONTACT

144 East Central Ave, Pearl River, NY 10965

Barbara H. Cane

Lawsuit, Federal Appellate Practice, Trusts, Estate

Status: In Good Standing

CONTACT

62 Burd St, Nyack, NY 10960

Hugh Janow

International Tax, Estate Planning, Trusts

Status: In Good Standing Licensed: 59 Years

CONTACT

1 Blue Hill Plz, Pearl River, NY 10965

Albert J. Kaiser

Wills & Probate, Trusts, Estate Planning, Elder Law

Status: In Good Standing

CONTACT

96 South Broadway, Nyack, NY 10960

800-923-0641

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LEGAL TERMS

PROBATE

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased pers... (more...)

The court process following a person's death that includes proving the authenticity of the deceased person's will appointing someone to handle the deceased person's affairs identifying and inventorying the deceased person's property paying debts and taxes identifying heirs, and distributing the deceased person's property according to the will or, if there is no will, according to state law. Formal court-supervised probate is a costly, time-consuming process -- a windfall for lawyers -- which is best avoided if possible.

CURATOR

See conservator.

SWEARING MATCH

A case that turns on the word of one witness versus another. The outcome of a swearing match usually depends on whom the jury finds most trustworthy.

FUNDING A TRUST

Transferring ownership of property to a trust.

ESTATE TAXES

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and... (more...)

Taxes imposed by the state or federal government on property as it passes from the dead to the living. All property you own, whatever the form of ownership, and whether or not it goes through probate after your death, is subject to federal estate tax. Currently, however, federal estate tax is due only if your property is worth at least $2 million when you die. The estate tax is scheduled to be repealed for one year, in 2010, but Congress will probably make the repeal (or a very high exempt amount) permanent. Any property left to a surviving spouse (if he or she is a U.S. citizen) or a tax-exempt charity is exempt from federal estate taxes. Many states now also impose their own estate taxes or inheritance taxes.

SUMMARY PROBATE

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are ... (more...)

A relatively simple probate proceeding available for 'small estates,' as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in California; New York estates where property, excluding real estate and amounts that must be set aside for surviving family members, is worth $20,000 or less; and Texas estates where the value of property doesn't exceed what is needed to pay a family allowance and certain creditors.

SUCCESSOR TRUSTEE

The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated.

QDOT TRUST

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spo... (more...)

A trust used to postpone estate tax when more than the amount of the personal federal estate tax exemption is left to a non-U.S. citizen spouse by the other spouse. QDOT stands for qualified domestic trust.

GRANT DEED

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as descri... (more...)

A deed containing an implied promise that the person transfering the property actually owns the title and that it is not encumbered in any way, except as described in the deed. This is the most commonly used type of deed. Compare quitclaim deed.

SAMPLE LEGAL CASES

Step-Murphy, LLC v. B&B Brothers Real Estate Corp.

In 1986 Markatos Realtors, Inc. (hereinafter Markatos), Rutger's immediate predecessor in interest, along with Brookside Park Properties, Inc., the defendant's predecessor in interest, executed a written indenture providing, among other things, for mutual easements designating 12 ...

Colasacco v. Robert E. Lawrence Real Estate

In October 2002 the defendant Christopher DiCorato, a real estate agent employed by the defendant Robert E. Lawrence Real Estate (hereinafter Lawrence, and hereinafter together the defendants), met with the plaintiffs and showed them a parcel of vacant property that was ...

Kerusa Co. LLC v. W10Z/515 Real Estate Ltd. Partnership

In any event, plaintiff fails, as a matter of law, to demonstrate any injury for which it is entitled to hold defendant sponsors liable. Although the purchase agreement obligated defendant sponsors to provide plaintiff with a building and unit constructed "in a good and workman-like ...

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Tappan Estate Lawyer, New York

Sponsored Law Firm

The Michelson Law Office

SPONSORED LAWYERS

Hugh Janow

Carolyn J. Strassberg

Lori J. Perlman

Michelle H. Frank

Robert S. Lewis

Michael C. Giordano

Thomas O'Connell

Barbara H. Cane

Hugh Janow

Albert J. Kaiser

TIPS

LEGAL TERMS

PROBATE

CURATOR

SWEARING MATCH

FUNDING A TRUST

ESTATE TAXES

SUMMARY PROBATE

SUCCESSOR TRUSTEE

QDOT TRUST

GRANT DEED

SAMPLE LEGAL CASES

Step-Murphy, LLC v. B&B Brothers Real Estate Corp.

Colasacco v. Robert E. Lawrence Real Estate

Kerusa Co. LLC v. W10Z/515 Real Estate Ltd. Partnership

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